Hold on to Your Balls, They're About to be Taxed!

by Sanchez, Shot To Nothing

Why does every damned thing always have to come down to the bottom line? Can't we for once have a bit of that American Dream back without the soiled hands of the government ruining our fun?

"Selling the ball for that amount would instantly put Murphy in the highest tax bracket for individual income, where he would face a tax rate of about 35 percent, or about $210,000 on a $600,000 ball."

Some random Joe (who may or may not be a douche), catching a baseball that could change his life was about the only good news to come out of the numero 756* fiasco. That's kinda what the American Dream is all about isn't it? Spending you hard earned cash on a hope and a prayer and catching some good fortune? This is a one off, a unique event, a once in a lifetime deal, can't the stone cold heart of the taxman take a break on this one and leave it for what it is?

"Even if he does not sell the ball, Murphy would still owe the taxes based on a reasonable estimate of its value"

*sigh* I guess not. I don't know Mr. Murphy and I don't really care about him. But what I do care about is a guy catching a shiny homered baseball and being able to take it home or sell it or teabag it or whatever the heck, without some stony faced government official demanding a cut.

Source: SI